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Companies for transfers from Jersey to Nigeria
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: Wise
We tested & reviewed 4 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 100% of Jersey to Nigeria searches, and was the top rated company supporting payments Jersey into Naira.
So for a great mix of cost, speed & features, make your Jersey to Nigeria transfer using Wise.
How to get the best deal on your Jersey to Nigeria transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Jersey to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Jersey to Nigeria
Don't settle for the first option. Always compare ways to send money from Jersey to Nigeria to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Jersey and Nigeria.
Through this, you get a comprehensive view of all the options you have in Jersey when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Jersey: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0.6% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Naira with Pound Sterling that is 0.2% different to the mid-market rate.
If you want to secure the best rates on a Jersey to Nigeria transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to GBP-NGN by Revolut, based on data from the past six months.
Fastest money transfers from Jersey to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Jersey to Naira in 100% of instances.
Over the last six months, sending money from Jersey to Nigeria through Wise have an average fee of 32 GBP.
Wise was one of 4 money transfer providers we compared for overall speed of sending money from Jersey to Nigeria. This speed test included depositing Pound Sterlings to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Wise is our best choice for sending from Jersey to Nigeria.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send GBP from Jersey to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Jersey to Nigeria
When calculating the costs of money transfers between Jersey and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the GBP-NGN mid-market rate equals to 1,984.5948 NGN per Pound Sterling.
The GBP-NGN average exchange rate for the past three months has been 2,077.3792 NGN per Pound Sterling, with a high of 2,239.3013 and a low of 1,838.7362.
When looking to send money, we'd recommend Revolut. On average Revolut is 0.39% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from GBP to NGN.
How to find the best exchange rate for Pound Sterling to Naira
Timing is essential for sending money between GBP and NGN. The exchange rate you secure impacts how much NGN you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to NGN has seen some fluctuation. On average, it stood at 2,077.3792.
During this period, the highest value recorded was 2,239.3013, while the lowest was 1,838.7362.
Wise, which is our recommended service to send money online from Jersey to Nigeria offers an exchange rate that is only 0.39% above the mid-market rate.
Want to secure the best GBP-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Jersey to Nigeria!
Payment methods available to fund your Jersey to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Jersey to Nigeria.
By using a money transfer company such as Revolut for transfers from Jersey to Nigeria, you can send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Revolut is the cheapest provider for bank transfers from the 4 we tested when sending GBP to Nigeria.
With an average fee of GBP0 to send money from Jersey to Nigeria, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Jersey to Nigeria with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Jersey to Nigeria, competing among a total of 4 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Jersey to Nigeria, emerges as our top choice of the 4 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Jersey.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Jersey to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
